Zorro145's Blog

GBPJPY Forecast
Dear Colleagues, the prices are inside a downward channel (see daily chart) and if you see the monthly chart the prices a re overbought. So my expactation is that the price will break the channel and go down until around 165.5 at beginning of March.

EURGBP Forecast
Dear Colleagues, the prices are in a downward channel both in daily and monthly charts. The prices wil continue going slowly down maybe breakin the daily channel, but at the end at beginning of March I expect that the price will be around 0.87.

EURJPY Forecast
Dear Colleagues, currently the EURJPY is in downward channel and it will continue untile the red resistance at about 138 (see daily chart), then it will go up until about 142.5 for the beginning of March.